Service industries sustain pace of growth in March
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Washington
SERVICE industries in the US grew in March at about the same pace as a month earlier, indicating the biggest part of the country's economy is holding up.
The Institute for Supply Management's (ISM) non-manufacturing index cooled to 56.5 from the prior month's 56.9, the Tempe, Arizona-based group said on Monday. A gauge above 50 shows expansion and the March reading matched the median estimate in a Bloomberg survey of economists.
